Thai share prices closed flat on Thursday, with no fresh leads to guide the market during the Lunar New Year celebrations, analysts said. The Stock Exchange of Thailand (SET) index rose 0.59 points or 0.08 percent to close at 736.22, while the blue chip SET 50 index gained 0.02 points to finish at 51.81. Advancers led decliners 185 to 136 with 107 stocks unchanged, on trade of 4.2 billion shares worth 24.2 billion baht (629.7 million dollars).
The banking sector index advanced 0.11 percent to 261.00 points and the finance and securities index added 0.24 percent to 1,501.42. Communications shares lost 1.64 percent to 119.69 points, while transportation stocks were down 0.08 percent to 148.07.
BFIT Securities analyst Ekpittaya Aimkongeak said shares moved within a narrow range all day as there were no fresh leads during the Lunar New Year.
"There was no buying by foreign investors as it is Chinese New Year," he said. "Local investors kept buying small-cap shares as there are no leads to stimulate the market," Ekpittaya added.
Bangkok Bank and Kasikornbank closed unchanged at 113.00 baht and 58.00 baht respectively, while Siam Commercial Bank added 0.50 baht at 52.00 baht.
Finansa Securities was down 0.75 baht to close at 29.50, while Capital Nomura Securities closed unchanged at 70.50.
Siam City rose 2.00 baht at 266.00, Siam City Cement gained 14.00 baht at 280.00, while PTT Plc advanced 2.00 baht to 194.00.
Thai Airways International lost 0.25 baht to finish at 48.50, Advance Info Service fell 3.00 baht to 117.00, and Shin Corp was down 0.25 baht to close at 47.00.
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